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Oct 22, 2012
10/12
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mitt romney said george mcgovern was a standard—bearer for his party and a world war ii hero. one of bollywood's most influential filmmakers, yash chopra, has died at the age of 80. known as the king of romance, chopra was the man behind some of indian cinema's most successful films. yash chopra's directing and producing career spanned five decades. this film was his last. it starred shah rukh khan. he. bollywood's king of romance. —— was called. this film was one of his classics. yash range productions was responsible for some of india's most loved films, watched notjust in india but around the world. he popularised the trend of filming bollywood scenes atop mountains. tributes were led by the indian prime minister, manmohan singh, he was described as an icon of indian cinema who entertained generations with his rare creativity. yash chopra will be remembered as someone who changed the face of modern—day bollywood, adding a bit ofa modern—day bollywood, adding a bit of a bollywood along the way. —— romance. you're watching bbc news. thank you for your company. sun
mitt romney said george mcgovern was a standard—bearer for his party and a world war ii hero. one of bollywood's most influential filmmakers, yash chopra, has died at the age of 80. known as the king of romance, chopra was the man behind some of indian cinema's most successful films. yash chopra's directing and producing career spanned five decades. this film was his last. it starred shah rukh khan. he. bollywood's king of romance. —— was called. this film was one of his classics. yash...
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Oct 23, 2012
10/12
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CNBC
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there are two romneys. one is the romney biography, here i am, here is what i have done, i know how to balance a budget. the other romney is here are my policies, they're a lot different than your policies, i am a tax cutter, i am a free enterpriser, i am going to build up military. now, he said those things, but i don't think he said them in a way that really stuck. >> really? you wanted boots on the throat tonight? >> i wanted to see more aggressive mitt romney. >> the way the president was. >> i thought the president was more aggressive and had less to say which is an odd thing. just like his domestic policy, i don't think mr. obama has a vision for foreign policy at all. i think what these guys did was they counter punched each other to death literally. they're probably both left standing after 15 rounds. i don't think anybody got any place in this. i loved romney's end. i loved the summary. i think he was about an hour and a half too late. >> bring in our panel, sara fagen, a senior aid to george w. bu
there are two romneys. one is the romney biography, here i am, here is what i have done, i know how to balance a budget. the other romney is here are my policies, they're a lot different than your policies, i am a tax cutter, i am a free enterpriser, i am going to build up military. now, he said those things, but i don't think he said them in a way that really stuck. >> really? you wanted boots on the throat tonight? >> i wanted to see more aggressive mitt romney. >> the way...
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Oct 17, 2012
10/12
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romney is the guy who gets stuff done. your man doesn't seem to be able to get it done. >> again, with all due respect that's a caricature, he does have the capacity to do that but there's no question the congressional republicans made a decision once they had the power to not do anything that would give obama any advantage going into the re-elect. that's power politics, he's a big boy. obama had to deal with that. but the idea there's a real, real superiority on one side or the other in dealing across a dysfunctional divided washington -- >> who better than a private equity deal maker to keep america out of bankruptcy and start growing again? who better? you guys are great. thanks for hanging out. matt miller, alex castellanos. that's it for this evening's show. i still think romney is a conservative reformer and i thnk he won the debate last night. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy...
romney is the guy who gets stuff done. your man doesn't seem to be able to get it done. >> again, with all due respect that's a caricature, he does have the capacity to do that but there's no question the congressional republicans made a decision once they had the power to not do anything that would give obama any advantage going into the re-elect. that's power politics, he's a big boy. obama had to deal with that. but the idea there's a real, real superiority on one side or the other in...
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Oct 4, 2012
10/12
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mainstream media's vendetta for mitt romney. or is it against mitt romney? last night mitt romney won the debate hands down witnessed by 67 million people. the romney camp is now reporting they're receiving two donations every second. my next guest, one of america's top pollsters, is going to reveal his latest survey showing just how much the media favors obama in polling. they just can't handle him losing. all that after the break. you're watching "the kudlow report" please stay with us. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. it's another reason more investors are saying... those little things for you, life's about her. but your erec
mainstream media's vendetta for mitt romney. or is it against mitt romney? last night mitt romney won the debate hands down witnessed by 67 million people. the romney camp is now reporting they're receiving two donations every second. my next guest, one of america's top pollsters, is going to reveal his latest survey showing just how much the media favors obama in polling. they just can't handle him losing. all that after the break. you're watching "the kudlow report" please stay with...
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Oct 11, 2012
10/12
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do you support romney? >> well, romney's plan is revenue neutral. he's made a commitment to the american people not to have a net tax increase. that's a great plan. obama wants higher tax rates, and schumer, the leader in the senate, made that clear as well, so it's between romney wanting to cut your tax rates and obama wanting to increase your top tax rates. that's the difference between the two parties. >> all right. dean baker, get you into this discussion. you know, dean, the brookings institute supports lower tax rates and knocking out deductions. that's what they want. everybody in washington except team obama. obama's idea, and biden's idea is to jack up tax rates for the upper end. lord knows what they are going to do with deductions. that isn't tax reform. they are the odd people out. >> well, lord doesn't know what governor romney wants to do. that's what we're trying to figure out. maybe representative ryan will be able to tell us tonight because the point was he's saying he wants it to be revenue neutral. he's told us how much he wants t
do you support romney? >> well, romney's plan is revenue neutral. he's made a commitment to the american people not to have a net tax increase. that's a great plan. obama wants higher tax rates, and schumer, the leader in the senate, made that clear as well, so it's between romney wanting to cut your tax rates and obama wanting to increase your top tax rates. that's the difference between the two parties. >> all right. dean baker, get you into this discussion. you know, dean, the...
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Oct 17, 2012
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romney. mr. romney's four-point plan, the only jobs that creates that are people that got up to five points. creating jobs is harder than people want to think. i do think the president has a reasonable plan, first of all, one of the things that i wish he'd said, yes, we've created over 5 million private sector jobs since the turnaround began after the economic stimulus and other things, but we've lost 700,000 public sector jobs thanks to the policies of mitt romney and the republicans. we have fewer firefighters, teachers, police officers, public works employee, highway maintenance people. what we're seeing is don't cut taxes for wealthy people and don't spend more overseas unnecessarily on the military, spend that domestically. so there, i think that's a very important point. cut the deficit intelligently you're adding jobs. if we hadn't lost those jobs thanks to republican obstruction to our effort to help the cities and the states, we'd have a much lower unemployment rate. >> on benghazi, the
romney. mr. romney's four-point plan, the only jobs that creates that are people that got up to five points. creating jobs is harder than people want to think. i do think the president has a reasonable plan, first of all, one of the things that i wish he'd said, yes, we've created over 5 million private sector jobs since the turnaround began after the economic stimulus and other things, but we've lost 700,000 public sector jobs thanks to the policies of mitt romney and the republicans. we have...
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Oct 10, 2012
10/12
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because romney is pro energy. romney is pro coal. romney is pro fracking. there's going to be tremendous opportunities. why wouldn't you want to buy industry? he's going to lower corporate tax rates across the board. why wouldn't you want to buy health care? he's going to end the government-run health care system. these look like very attractive sectors to me in view of what's coming politically in less than four weeks. >> until you called the election tonight, larry, i didn't know which way it was going to go. but now that you've explained that romney is going to win, then, yes, those are the sectors that i want to buy. but, larry, we still have problems here. we still have this congress whose approval rating is as low as it's ever been and deservedly so. i think these guys are still skating by. i think they're still overrated. without leadership here -- >> let me -- larry, you're absolutely right the doom and gloom coming out of the imf is totally wrong. there are plenty of pockets of strength. you have a picture distorted by a few bad apples, like the sp
because romney is pro energy. romney is pro coal. romney is pro fracking. there's going to be tremendous opportunities. why wouldn't you want to buy industry? he's going to lower corporate tax rates across the board. why wouldn't you want to buy health care? he's going to end the government-run health care system. these look like very attractive sectors to me in view of what's coming politically in less than four weeks. >> until you called the election tonight, larry, i didn't know which...
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Oct 23, 2012
10/12
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. >> mitt romney did what he needed to do. the polls show that the momentum continues with romney ahead in a couple of polls. first up our top story, the dow taking a hit. companies warning the economy the worst than ever. >> let's put europe aside. it seems that investigator einv level on the dow. and 1400 on the s&p. and we did dip on the nasdaq today. profits disappointed and it seems frantic to cut costs. many disappointed on price. everybody was confused on getting the ipad four. that seems to be the case and facebook cramer talked about it. up 13% that revenue on the add side better than expected back to you. fast money contributor, brian kelly, good evening, gentleman, as i recall, you have been expecting a correction. now, my question to you, is this the end of the world or are we going to go to the bottom and what is going to happen next? help me out. i don't think this is a major pull back. this is just a bit of a drift lower. we hold to our outlook. it would be a buying opportunity. there is a bright spot. a lot of
. >> mitt romney did what he needed to do. the polls show that the momentum continues with romney ahead in a couple of polls. first up our top story, the dow taking a hit. companies warning the economy the worst than ever. >> let's put europe aside. it seems that investigator einv level on the dow. and 1400 on the s&p. and we did dip on the nasdaq today. profits disappointed and it seems frantic to cut costs. many disappointed on price. everybody was confused on getting the ipad...
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Oct 23, 2012
10/12
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there's a shot of governor romney's wife, ann romney. of course, things are heating up ahead of the third and final face-to-face confrontation. foreign policy converges with domestic policy. >> john, it's all intertwined now, isn't it? >> absolutely. you know, when you have a global economy like we have, all of the factors of american power are bound up with economic strength. and so you can make a fundamental argument that the best way for america to lead in the world is to have a strong economy. i would expect both candidates to make that point tonight. and explain why there are different approaches to achie achieving that are superior. you've got china, the turmoil in the middle east, the war in afghanistan, president obama makes arguments about in afghanistan, for example, he's got a new ad this week saying mitt romney wants to keep troops there longer than i do. i think it's time to bring troops home and build a nation at home. that is a resonant argument. that's why mitt romney doesn't disagree with him on that timeline for afghani
there's a shot of governor romney's wife, ann romney. of course, things are heating up ahead of the third and final face-to-face confrontation. foreign policy converges with domestic policy. >> john, it's all intertwined now, isn't it? >> absolutely. you know, when you have a global economy like we have, all of the factors of american power are bound up with economic strength. and so you can make a fundamental argument that the best way for america to lead in the world is to have a...
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Oct 16, 2012
10/12
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romney, knocked obama out in the first round. there is a pro growth message and it doesn't start with government jobs. it starts with confidence and it starts with some kind of pro growth tax policy that is friendly to corporate america. we have the same tax rate as japan. it need to come down and there is plenty to do and romney, if he delivers it again, he may be out cold. >> i think he may have the more detailed growth plan. but regarding the jobs plan, which sounds like a lot what he did in 2009, you know, my motto here is if it was going to work it would have already worked. maybe that is why they didn't want to go down that road. it will be more spending for teachers or whatever. that stuff never works. it is about $250 billion in tax breaks from businesses. there are some economists who could argue that the program did create some jobs. this is his vision. what is that mis. >> i think it is hard to mathe spending increases employment. there is a dial back that offsets that increase. you see that in qe 2 and qe 3. if you go
romney, knocked obama out in the first round. there is a pro growth message and it doesn't start with government jobs. it starts with confidence and it starts with some kind of pro growth tax policy that is friendly to corporate america. we have the same tax rate as japan. it need to come down and there is plenty to do and romney, if he delivers it again, he may be out cold. >> i think he may have the more detailed growth plan. but regarding the jobs plan, which sounds like a lot what he...
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Oct 1, 2012
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does mitt romney get it? our kudlow congress is going to come back in session and see if nick can make the break through. >>> welcome back to the kudlow report, i'm larry kudlow, in this half hour, hold your breath. if bush tax cuts are not extended, watch those popular home short sales being stopped short. that's very important, could cause a wave in foreclosures and another wave in the journey turn in housing. and if that doesn't scare you, it's the first monday in october. and the key issues this year, affirmative action, same sex action, will the john roberts supreme court continue to reshape the country in a liberal or conservative direction? that's what we need to know. 36 days remaining until the election, sometime for some tough love on tax policies. paul ryan appeared on fox news sunday to talk taxes. i thought ryan did rather well, take a listen. >> our pro growth tax reform, it cuts taxes by 20%, higher take home for the mid class, that right there creates about 7 million jobs. it's not what deduct
does mitt romney get it? our kudlow congress is going to come back in session and see if nick can make the break through. >>> welcome back to the kudlow report, i'm larry kudlow, in this half hour, hold your breath. if bush tax cuts are not extended, watch those popular home short sales being stopped short. that's very important, could cause a wave in foreclosures and another wave in the journey turn in housing. and if that doesn't scare you, it's the first monday in october. and the...
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Oct 3, 2012
10/12
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romney doesn't have that. obviously herman cain depend get the memo about down playing expectations. he just raised mitt romney's expectations quite a bit there in that segment there. >> rick lazio, here's something. there's a lot of tax hikes in obama care and i reckon obama care is going to come up a lot tonight unless mitt romney has completely lost his mind. by some count there's nearly $900 billion in tax hikes for obama care. wouldn't that be the middle class tax hike argument that mitt military needs in order to thrust and really come at obama? so far he has not really done that in that campaign. is it coming? >> i do think it's coming. i think he's going to focus on how obama care punishes middle-class families, investors, that it is coercive and that giving families the power to make those health care choices themselves is a superior way to go. i also think by the way, larry, he needs to make the case on taxes in a way people understand. he needs to say do you really think taking $1 away from apple an
romney doesn't have that. obviously herman cain depend get the memo about down playing expectations. he just raised mitt romney's expectations quite a bit there in that segment there. >> rick lazio, here's something. there's a lot of tax hikes in obama care and i reckon obama care is going to come up a lot tonight unless mitt romney has completely lost his mind. by some count there's nearly $900 billion in tax hikes for obama care. wouldn't that be the middle class tax hike argument that...
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Oct 4, 2012
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romney's made it clear. any changes are in the context of keeping overall taxes from going up and making sure the middle class doesn't get hit request higher taxes. it's not a tax increase, he's made that clear. >> mr. secretary, a lot of discussion about whether or not the wealthy or the middle class families in america benefit more from any limit of deductions. >> well, a limit of deductions actually would hurt the wealthy to the extent that we're talking about a deduction that the wealthy take in very, very large amounts. a limit on those deductions makes some sense in terms of a progressive tax system. >> what do you think the plan for the president will be tonight? terms of tax reform, mr. reich? >> the president has said that he wants the so-called buffett rule that is a minimum tax particularly in regard to higher incomes. he's talked about ending the bush tax cuts. and he also -- i mean, basically the president has said -- and i think with enormous logic on his side -- we have a huge budget deficit.
romney's made it clear. any changes are in the context of keeping overall taxes from going up and making sure the middle class doesn't get hit request higher taxes. it's not a tax increase, he's made that clear. >> mr. secretary, a lot of discussion about whether or not the wealthy or the middle class families in america benefit more from any limit of deductions. >> well, a limit of deductions actually would hurt the wealthy to the extent that we're talking about a deduction that...
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Oct 8, 2012
10/12
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how do you assess a romney victory? >> what becomes important is the effect on capital gains and dividend taxes. we as investors view asset investments on an after-tax basis. they make those particular investments more attractive, and we saw this with respect to to t cool stocks. >> the average small business has 2.5 employees, the average is over 5. small businesses get a boom in that. >> i don't disagree with what you're saying but i focus on the tax policy. >> they'll go sky high if romney loses and skier higher because of obama care. >> that said, just to repeat, i disagree. >> all detriments to growth. >> detriments to growth. if romney wins, the odds of obama care being fully repealed are virtually nil. >> the worst aspects of it -- no one can appreciate that future. let me make two points. the worst aspects, the money onerous spending and taxing aspects of obama care may be repealed. secondly, romney made a deal to stop the fiscal tax cliff. he will start in right away. >> assuming he takes the senate. >> this is
how do you assess a romney victory? >> what becomes important is the effect on capital gains and dividend taxes. we as investors view asset investments on an after-tax basis. they make those particular investments more attractive, and we saw this with respect to to t cool stocks. >> the average small business has 2.5 employees, the average is over 5. small businesses get a boom in that. >> i don't disagree with what you're saying but i focus on the tax policy. >> they'll...
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Oct 19, 2012
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romney or obama? >> mitt romney. >> mitt romney. that's it. i've got to leave it there. i'm out of time. sam seder, thank you. jim garrity. and jim pethakoukis. that's it for this evening's show. thanks for watching. i'm larry kudlow. we will be back on monday for our show and the foreign policy debate. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu/knowhow. ♪ >>> tonight -- >> everybody thought i was mad. >> sir james dyson turns his crazy, dirty idea into a big money bonanza. >> 10 million sound add lot and a billion is unbelievable. >>> and homeless and living out of his car a los angeles salesman starts up a shampoo and hair care co
romney or obama? >> mitt romney. >> mitt romney. that's it. i've got to leave it there. i'm out of time. sam seder, thank you. jim garrity. and jim pethakoukis. that's it for this evening's show. thanks for watching. i'm larry kudlow. we will be back on monday for our show and the foreign policy debate. in america today we're running out of a vital resource we need to compete on the global stage. what we need are people prepared for the careers of our new economy. by 2025 we could...
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Oct 17, 2012
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is obama on the wrong side and romney on the right side? >> well, i'm glad that they're both saying they're against too big to fail. too big to fail banks need to be broken up. if they're too big to fail they're too big period. he's talking about it. but i don't think his analysis of dodd/frank is right. i think dodd/frank is a poke in the eye with a sharp stick not a big kiss. no big banks or large banks are already designated any bank holding company $50 billion has to shows the government they can resolve in a bankruptcy like process without hurting the rest of us. title one also allows the government to designate nonbanks like aig who got us in trouble before and bring them under supervision and force them to show they can be resolved in bankruptcy without hurting us and the government can downsize. i think dodd/frank has the tools to end too big to fail. we need more education on that. i'm glad he's coming out but the tools are already there. >> craig, one of the methods of attack that the president has taken against romney lately has
is obama on the wrong side and romney on the right side? >> well, i'm glad that they're both saying they're against too big to fail. too big to fail banks need to be broken up. if they're too big to fail they're too big period. he's talking about it. but i don't think his analysis of dodd/frank is right. i think dodd/frank is a poke in the eye with a sharp stick not a big kiss. no big banks or large banks are already designated any bank holding company $50 billion has to shows the...
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Oct 9, 2012
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destroy romney. i don't think that is possible after 70 million people see it directly and make an assessment of this guy. and they have another week before the presidential debate while public opinion sets in. he is pumped up and i'll have it written up tomorrow. he sounds poised and focused and i think the president is in a little bit of trouble. >> first of all, saesame street wants the add pulled and third of all, the thing that troubles me, he will not face the press. not once after the bengazi ca tr catastrophy. >> as far as big bird, it was fun and it made a good point. if more children had been educated by that program in their early years. i think the add is over the top in many ways and plus, if you are going to do it, get it first. but look, i agree with jennifer, i think the president should pivot to what he wants to do in the feature. i think he need to bring back the job's bill. the ceo said that if congress passed that, we would have one or two million good-paying jobs. >> governor --
destroy romney. i don't think that is possible after 70 million people see it directly and make an assessment of this guy. and they have another week before the presidential debate while public opinion sets in. he is pumped up and i'll have it written up tomorrow. he sounds poised and focused and i think the president is in a little bit of trouble. >> first of all, saesame street wants the add pulled and third of all, the thing that troubles me, he will not face the press. not once after...
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Oct 22, 2012
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>> well, as you remember, larry, the romney campaign feels during the town hall romney didn't have a great answer on libya so they spent the last week on libya going hour by hour in how the administration failed to react to that tragedy in benghazi. >> hour by hour, is that what you're saying, heavy stuff hour by hour? >> romney wants to critique what happened in libya and of the administration's entire record and wants to use libya as something indicative of obama's foreign policy failures. >> last one, but very important. as reagan taught all of us many years ago, a strong foreign policy must be based on a strong economy. will romney make economic points as the basis for a strong foreign policy? >> reporter: larry, i asked someone in the romney high command that exact question, and they said he'll do that as much as he can. this may be a foreign policy debate, but romney wants to bring up the economy. that's where he's strong, and he wants to continue to do that in this final debate. >> all right. robert costa, i like what i'm hearing. excellent report. let's dive right in with our
>> well, as you remember, larry, the romney campaign feels during the town hall romney didn't have a great answer on libya so they spent the last week on libya going hour by hour in how the administration failed to react to that tragedy in benghazi. >> hour by hour, is that what you're saying, heavy stuff hour by hour? >> romney wants to critique what happened in libya and of the administration's entire record and wants to use libya as something indicative of obama's foreign...
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Oct 26, 2012
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rasmussen reports romney 50, obama 47. gallup, romney leads the president by five. romney 51, obama 46. that number 50 is really crucial. meanwhile romney spoke in ames, iowa today and he talked growth,er talked take home pay. take a listen. >> last quarter our economy grew at just 2%. after the stimulus was passed the white house promised that the economy would now be growing at 4.3%. over twice as fast. we're going to create 12 million new jobs in just four years. we'll see rising take home pay. and we'll get americans economy growing at 4% a year more than double this year's rate. >> all right. that's pretty upbeat and even specific message. very interesting. let's talk about this. what will seal the deal for mitt romney. here's our cnbc contributors. jimmy, today was an economics day. romney gave a pretty uplifting speech. sthapt what he should do the? >> listen to that speech well delivered. i couldn't help thinking that was the speech he should have given down in tampa a month or so ago. it was focused on what he wanted to do. very clearly outlined the wrong p
rasmussen reports romney 50, obama 47. gallup, romney leads the president by five. romney 51, obama 46. that number 50 is really crucial. meanwhile romney spoke in ames, iowa today and he talked growth,er talked take home pay. take a listen. >> last quarter our economy grew at just 2%. after the stimulus was passed the white house promised that the economy would now be growing at 4.3%. over twice as fast. we're going to create 12 million new jobs in just four years. we'll see rising take...
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Oct 5, 2012
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take a romney kicker any day of the week. throughout the night romney repeatedly claimed he was the real friend of small business. even as we know saying something bad about small business has become the new third rail of american politics. this comment is typical. >> there was a survey done of small businesses across the country. said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right. let's take him at face value for a moment. small business truly gets a boost if you elect romney, you need some paychex. the company's growth is in the hands of small business expansion. obama bears take note. you might be tempted to short paychex on the democratic victory. but remember, you have to pay that bountiful dividend if you short the stock. along the same lines, romney claimed that obama's policies are causing an increase in the use of food stamps. >> the proof of that is one out of six people in poverty. the proof of that is we've gone from
take a romney kicker any day of the week. throughout the night romney repeatedly claimed he was the real friend of small business. even as we know saying something bad about small business has become the new third rail of american politics. this comment is typical. >> there was a survey done of small businesses across the country. said what's been the effect of obama care on your hiring plans? and three quarters of them said it makes us less likely to hire people. >> all right....
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Oct 4, 2012
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romney is up in some of the daily tracking polls. so the campaign is not -- again, chris, hold on a second. >> that's not factually true. he down in the balance will you please every single tracking poll. >> again, chris, if you look at rasmussen over the last week, there's been days when they're neck and neck. you look across the board, it's very close. >> i'm on the phone and i can tell you the polling numbers off the top of my head, you are wrong. in ohio, he's down. in virginia, he's down. tell me the battleground states where governor romney is ahead. tell me the one. >> in ohio, he's within the margin of error. in florida, he's within the margin of error. and again, if it's such a horrific campaign, and you know a lot about horrific campaigns, then he wouldn't be as close as he is. going back to the point about scratching beneath the surface, mitt romney was the one that went over and over again through specifics. president obama couldn't go anywhere near his own record. and you know why, because he's failed for four years. he'
romney is up in some of the daily tracking polls. so the campaign is not -- again, chris, hold on a second. >> that's not factually true. he down in the balance will you please every single tracking poll. >> again, chris, if you look at rasmussen over the last week, there's been days when they're neck and neck. you look across the board, it's very close. >> i'm on the phone and i can tell you the polling numbers off the top of my head, you are wrong. in ohio, he's down. in...
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this is one of romney's missed opportunities tonight. is he did not 25 miles from wall street, from the wonrld trade center, make the connection. >> i thank the senator for joining us, austin, good to have you back. >> thanks, good to be here. >> clearly, he was more engaged this time, although some people are calling this a bit of a wash. was it enough for you? >> i think the president did a much better job this time and reminded us of a couple of fundamentals, which is the world didn't start in 2009. it was the bush administration that led to this collapse, particularly the unfunded bush tax cuts that really put us in a permanent deficit position. it is not something that president obama invented. and secondly, as you know i'm a huge fan of what president obama did on the auto industry, and he reminded us of this. it was not a bailout, but a restructuring, and the important difference, unlike where they gave the banks a lot of money, president obama went in and fired the board and restructured the companies. nobody was going to put mon
this is one of romney's missed opportunities tonight. is he did not 25 miles from wall street, from the wonrld trade center, make the connection. >> i thank the senator for joining us, austin, good to have you back. >> thanks, good to be here. >> clearly, he was more engaged this time, although some people are calling this a bit of a wash. was it enough for you? >> i think the president did a much better job this time and reminded us of a couple of fundamentals, which is...
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the problem is that mitt romney got on stage on wednesday and he was a totally different mitt romney from the severely conservative mitt romney who has been running for president on the gop ticket for the past few months. and on the issue of taxes, on the issue of preexisting conditions, on the issue of regulations, he reversed himself on stage. and shame on president obama for not challenging him on that and shame on jim lehrer for not pushing him on that. >> the way that you bring in more revenue, and mitt romney said this beautifully, you put more people to work be you give them jobs. you don't bring more revenue in by putting one american against another. >> you mean like the 47%. >> you don't distribute what you have to someone else. we don't redistribute. >> i think you need to have a conversation with mitt romney. he's the one who wants to divide americans based on the 47%, the takers versus the moochers, the takers versus the makers as paul ryan said. >> he misspoke on that. >> he spent 17 days doubling down, defending that remark. suddenly when he realized poll numbers were
the problem is that mitt romney got on stage on wednesday and he was a totally different mitt romney from the severely conservative mitt romney who has been running for president on the gop ticket for the past few months. and on the issue of taxes, on the issue of preexisting conditions, on the issue of regulations, he reversed himself on stage. and shame on president obama for not challenging him on that and shame on jim lehrer for not pushing him on that. >> the way that you bring in...
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romney's growth message. we're going to have an in-depth talk on politics, economy, and stocks with charles schwab. this is "the kudlow report," only moments away. >>> got to take a moment out to congratulate vikram pandit and t i will see you tomorrow! >> larry, what are you looking at tomorrow? >> larry, good evening, i'm larry kudlow. this is "the kudlow report." how about this? women are running away from president obama and pushing mitt romney's momentum in the swing states just before the second debate tomorrow, believe it or not among women, it's now tied at 48. that's a big upset for obama, according to gallup. tonight, our own kudlow debate, democratic congresswoman carolina maloney versus jason th chavitz. the dow up 9595! retail sales increased in every category and the bad news, still conducting a capital goods strike worried about inflation, an the fiscal cliff. >>> more than 1900 investigations into obama alleged stimulus wrongdoing. we will expose how many millions of your tax dollars have been
romney's growth message. we're going to have an in-depth talk on politics, economy, and stocks with charles schwab. this is "the kudlow report," only moments away. >>> got to take a moment out to congratulate vikram pandit and t i will see you tomorrow! >> larry, what are you looking at tomorrow? >> larry, good evening, i'm larry kudlow. this is "the kudlow report." how about this? women are running away from president obama and pushing mitt romney's...
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coming up next, the romney revolution, yea, you heard me correctly. a romney revolution. it may be a tough week for markets, but investors, fear not. a pro-growth romney boon may lay just over the horizon and don't forget, free market capitalism is the best path for prosperity. europe doesn't have it. they shouldn't be winning nobel prizes. i'm kudlow. we'll be right back. i've been a superintendent for 30 some years at many different park service units across the united states. the only time i've ever had a break is when i was on maternity leave. i have retired from doing this one thing that i loved. now, i'm going to be able to have the time to explore something different. it's like another chapter. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve t
coming up next, the romney revolution, yea, you heard me correctly. a romney revolution. it may be a tough week for markets, but investors, fear not. a pro-growth romney boon may lay just over the horizon and don't forget, free market capitalism is the best path for prosperity. europe doesn't have it. they shouldn't be winning nobel prizes. i'm kudlow. we'll be right back. i've been a superintendent for 30 some years at many different park service units across the united states. the only time...
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romney. [ applause ] >> gentlemen, thank you both for joinjoining us here tonight. we have a lot of folks that have been waiting all day to talk to you. i want to get right to it. governor romney, as you know, you won the coin toss so the first question will go to you. and i want to turn to a first-time voter. jeremy epstein who has a question for you. >> mr. president, governor romney, as a 20-year-old college student all i hear from professors, neighbors and other is when i graduate i will have little chance to get employment. what can you say to reassure me, but more importantly my parents i will be able to sufficiently support myself after i graduate? >> thank you, jeremy. i appreciate your question and thank you for being here this evening and to all of those from nassau county that have come. thank you for your time. thank you to hofr stra university and candy for organizing and leading this event. thank you, mr. president, also for being part of this debate. your question is one that's
romney. [ applause ] >> gentlemen, thank you both for joinjoining us here tonight. we have a lot of folks that have been waiting all day to talk to you. i want to get right to it. governor romney, as you know, you won the coin toss so the first question will go to you. and i want to turn to a first-time voter. jeremy epstein who has a question for you. >> mr. president, governor romney, as a 20-year-old college student all i hear from professors, neighbors and other is when i...
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romney called for a stronger u.s. presence on the world stage while the president argued his opponent had been in-consistent on his views. they did agree on several issues such as ending the war in afghanistan and possible military intervention in syria. but differed sharply on tackling iran's nuclear program. it's warned romney eye anti-iran rhetoric makes solving the dispute harder. it must be through diplomacy and not military reaction. one 69 subjects that's come up in tel aviv. the governor of the bank of israel. hadley, how is he responding to -- i suppose in israel you're always responding to increased tensions. what did he have to say? >> well, ross, he did mention that there are contingency plans in place. but i did want to talk just a bit about the comments following a report that we saw from the "new york times" last week saying the white house and tehran are preparing for the resumption of nuclear talks. president obama last night did deny that report and then he said that hasn't stopped the internal debat
romney called for a stronger u.s. presence on the world stage while the president argued his opponent had been in-consistent on his views. they did agree on several issues such as ending the war in afghanistan and possible military intervention in syria. but differed sharply on tackling iran's nuclear program. it's warned romney eye anti-iran rhetoric makes solving the dispute harder. it must be through diplomacy and not military reaction. one 69 subjects that's come up in tel aviv. the...
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Oct 4, 2012
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talk to the romney campaign. they'll tell you they were behind. >> i said there was one poll yesterday that said that they were tied, what was it a national something or other poll. >> yeah but you look at all the polls, not just nationally but in the swing states he was behind. and the romney campaign acknowledged that. >> there's a difference between being behind and having nothing left to lose because you're totally written off by even your own party. >> the point i was making -- >> i don't agree with arianna on that either. i think he was still in the game going into the debate. he's more in the game after the debate than he was before. >> even late in the fourth quarter down by, i thought he said two touchdowns. >> two scores. >> all right. late in the fourth quarter -- >> two safeties. >> it was two safeties, whatever you were talking about, i don't think that was true either. we'll see. there's a poll coming out november 6 i want you to look at. >> you're right. >> the bottom line is -- >> i will say on th
talk to the romney campaign. they'll tell you they were behind. >> i said there was one poll yesterday that said that they were tied, what was it a national something or other poll. >> yeah but you look at all the polls, not just nationally but in the swing states he was behind. and the romney campaign acknowledged that. >> there's a difference between being behind and having nothing left to lose because you're totally written off by even your own party. >> the point i...
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mitt romney arrived, the le-- p arrived. we only saw him by motorcade and later did a walk through through center college here in danville, tweeted out a picture of himself but otherwise kept a pretty low profile. the pressure, of course, is going to be on joe biden to try to arrest the momentum that mitt romney generated in denver so we can expect he's going to go hard after ryan and for ryan, as for any vice presidential candidate, he wants to focus on president obama, not the guy joe biden across the stage from him. and it's a big moment for paul ryan who when he had a big moment, at the republican convention did very well, guys. >> john, absolutely, we're going to be watching those and john will be with us throughout the program tonight. we want to bring in larry kudlow. you take a look at what's happening this time around, people are tuning into this. this is a game changer tonight. >> massive. biden's trouble is he has to stop the bleeding. the odd thing about this is, obama had his clock cleaned in the debate last wee
mitt romney arrived, the le-- p arrived. we only saw him by motorcade and later did a walk through through center college here in danville, tweeted out a picture of himself but otherwise kept a pretty low profile. the pressure, of course, is going to be on joe biden to try to arrest the momentum that mitt romney generated in denver so we can expect he's going to go hard after ryan and for ryan, as for any vice presidential candidate, he wants to focus on president obama, not the guy joe biden...
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now mitt romney is a leader. mitt romney is a deal maker. do you think romney will say you're going to foster a recession with your attitude on this fiscal cliff? >> look at the attitude on the campaign trail, romney has a debt clock behind him, he's with boehner all the time, he wants to talk about the debt. >> i don't want to talk about debt, i want to talk about growth, growth, growth. >>> paul ryan says the president wants us to have four more years of the same, can we afford it? the numbers out from the congressional research service, they show that federal and state governments combined have spent $1.03 trillion on welfare. it's a 32% increase in federal spending on welfare just since fiscal year 2008. we need to talk about this. i'm now joined by john berenstein, and douglas eken who's president of the american action forum. >> this kind of numbers, it bankrupting the government, it's ruining the work ethic of the country and they're trying to buy the election, just like fdr, spend and spend. buy and buy. >> first of all, let's be cle
now mitt romney is a leader. mitt romney is a deal maker. do you think romney will say you're going to foster a recession with your attitude on this fiscal cliff? >> look at the attitude on the campaign trail, romney has a debt clock behind him, he's with boehner all the time, he wants to talk about the debt. >> i don't want to talk about debt, i want to talk about growth, growth, growth. >>> paul ryan says the president wants us to have four more years of the same, can we...
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on day one, romney could change those. exports are going to be key for the growth as demands shrink here in the u.s. not so good for the six westbound terminals in washington. it is not that you can say that obama is good for natural gas, that is marginal cost increases, it is however, a stronger demand market for natural gas in an obama market if demand recovers. >> it could be a good market for coal. and if romney does win that could be another boost for coal. we don't want to get too far ahead of our selves. we are down from the 2007 peak. export demand is weak globally. i want to make sure that the domestic demand isn't far ahead under us. the question is going to be the next group of retirements. that some spare you anywhere from 50 to 100 million tons a year. >> energy is underperforming so far a year. what is the risk on a romney victory or an obama victory? >> mlp's are getting bigger. in 1986 a reform came after the boston celtics won. a tax reform only happens if romney wins. mlp's are at greater risk if you have
on day one, romney could change those. exports are going to be key for the growth as demands shrink here in the u.s. not so good for the six westbound terminals in washington. it is not that you can say that obama is good for natural gas, that is marginal cost increases, it is however, a stronger demand market for natural gas in an obama market if demand recovers. >> it could be a good market for coal. and if romney does win that could be another boost for coal. we don't want to get too...
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>> certainly not with romney giving him undertakings on taxes romney can't give him. erskine believes you have to do this in a balanced way w entitlement reform and tax increases at the top. >> steve raised if i can say it during the commercial break, i think more intriguing idea not on the column. >> that's really the question that's out there. >> would bernanke resign if romney were to win? >> let me tell you what i've heard on that score, people have said that they don't want him to resign if romney becomes president, that they think it's bad for the institution. >> that presupposes this is something he's already considering. >> i can't say if that's been considered, but i know that people have said there's some concern that that could happen. in the case of a president who has openly and publicly opposed the fed chairman that it's something that might be considered, and they have said that something you should talk about, that this notion that he shouldn't do that. >> there's a reason that the fed chairman's term is not concurrent with the presidential election cy
>> certainly not with romney giving him undertakings on taxes romney can't give him. erskine believes you have to do this in a balanced way w entitlement reform and tax increases at the top. >> steve raised if i can say it during the commercial break, i think more intriguing idea not on the column. >> that's really the question that's out there. >> would bernanke resign if romney were to win? >> let me tell you what i've heard on that score, people have said that...
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romney is proposing tax reform. it cuts marginal rates, that's correct, but also broadens the tax base. this is much more akin to bowles/simple son or 2005 president advisory commission, the kind of things the country used to talk about is the gold standard. >> do you think gov more romney is going to be articulating this tomorrow night? there's a real push. the media wants specifics on his economic plan. we know the president has been gearing up for tomorrow night's debate after the last debate where many people said he did not do as well as the governor. what are you expecting from governor romney tomorrow night? >> i expect him to continue to do what he has been doing, articulate a pro growth message, category by category, and explain how it leads to growth in jobs. if you look at the economic report of the president, under president obama, he claims he can create 12 million jobs. seriously, does any economist believe the policies he's proposing could lead to that? i think that's the kind of tension you'll see. >
romney is proposing tax reform. it cuts marginal rates, that's correct, but also broadens the tax base. this is much more akin to bowles/simple son or 2005 president advisory commission, the kind of things the country used to talk about is the gold standard. >> do you think gov more romney is going to be articulating this tomorrow night? there's a real push. the media wants specifics on his economic plan. we know the president has been gearing up for tomorrow night's debate after the last...
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could romney actually do that? >> i'm more bullish on romney winning but i'm a little bearish on getting to 330. i think high 280s to low 300s is more like it. you have a storm going up the atlantic seaboard. romney's had one surge in the last three weeks which has made him competitive to ahead in several battleground states. the question is does he have a second surge come the final weekend of the election. what happened in 1980, reagan had one surge after the debate but then he had a gigantic surge the final weekend. reagan upon 50.1% of the popular vote in 1980. and he won 90% of the electoral college because all these midwestern states tumbled to him. >> right. the first debate was a blowout for romney. the second and third debates, it's possible president obama won on little technical points, although it was very close. look at these polls coming in. "the washington post"/abc poll today, for the first time -- they've switched to likely voters for the first time, romney gets his 50%. i believe obama's 47%. that
could romney actually do that? >> i'm more bullish on romney winning but i'm a little bearish on getting to 330. i think high 280s to low 300s is more like it. you have a storm going up the atlantic seaboard. romney's had one surge in the last three weeks which has made him competitive to ahead in several battleground states. the question is does he have a second surge come the final weekend of the election. what happened in 1980, reagan had one surge after the debate but then he had a...
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romney is strong with republican voters. if suburban voters flip, romney has a real shot in the keystone state. >> if republicans are always worried about wasteful spending, this is a perfect example of wasteful spending. they don't spend any money in minnesota at all. >> one at a time. >> it's not that long ago. >> 1972 is the last time minnesota voted for a republican. >> i hate to say it, but it was richard nixon. now i've said it. robert costa, i want you to challenge my friend keith boykins. you're saying there's a horse race in michigan, and wisconsin. the numbers in wisconsin look even up. and in iowa, where the liberal des moines register just endorsed romney. so there could be some real midwestern upsets, huh? >> the point in wisconsin is true. keith boykins is right. wisconsin was wisconsin was boston by four points. the milwaukee suburbs, they went very strong for scott walker in that recall election this past summer. if that republican ground game is pretty good in wisconsin, for romney, just as for was for walke
romney is strong with republican voters. if suburban voters flip, romney has a real shot in the keystone state. >> if republicans are always worried about wasteful spending, this is a perfect example of wasteful spending. they don't spend any money in minnesota at all. >> one at a time. >> it's not that long ago. >> 1972 is the last time minnesota voted for a republican. >> i hate to say it, but it was richard nixon. now i've said it. robert costa, i want you to...
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in the debate, romney repeated that. i was a little disappointed paul ryan didn't repeat that point because, you're right, there's about a trillion worth of loopholes on a yearly basis. >> both of you guys are forgetting something important. >> caps are very important. >> i agree. listen, david and larry, mitt romney has taken some of those looch hol loopholes off the table. >> i didn't hear him say that. >> the vice president said that tonight and ryan did not correct it. >> investment income, capital gains and dividends. >> i don't regard those as loopholes and neither does mitt. >> they're in your 1 trillion. >> ask david. are they not in this 1 trillion? >> they are in the 1 trillion. >> if we go back -- >> those aren't loopholes. >> you may not think so but counting them. >> if we had a decent tax code we count tax saving and investment at all, tax consumption and income. >> let's talk about what the top five are. the top five are the fact individuals don't pay income taxes on employer provided health care. it's the
in the debate, romney repeated that. i was a little disappointed paul ryan didn't repeat that point because, you're right, there's about a trillion worth of loopholes on a yearly basis. >> both of you guys are forgetting something important. >> caps are very important. >> i agree. listen, david and larry, mitt romney has taken some of those looch hol loopholes off the table. >> i didn't hear him say that. >> the vice president said that tonight and ryan did not...
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i hadn't heard the 25,000 number. >> 17,000 before. >> romney -- that is a total evasion from romney in the sense that the idea is a decent idea, but he's putting all these numbers out so nobody can pin him down on any number. these are all notional. the notion is a good notion. to have a bucket of deductions and limit them. but he's not -- he hasn't been pinned down to specification. he's not going to be pinned down on specifics. >> i saw someone try to score that last night. you raise $730 billion over ten years, but again, you're taking -- >> by limiting it to 25,000 for everybody. >> taking five trillion off. so now you're down four trillion. >> we had glen hubbard on after the debate and i said look, was there anything new of consequence that either candidate laid out tonight? and he looked at me and said you think the end of the campaign is the time to lay out something new of substance? >> they never brought up the fiscal cliff, ever. >> i don't think the words fiscal cliff were spoken. and i think that reflects the fact that for both candidates, the solution to that problem i
i hadn't heard the 25,000 number. >> 17,000 before. >> romney -- that is a total evasion from romney in the sense that the idea is a decent idea, but he's putting all these numbers out so nobody can pin him down on any number. these are all notional. the notion is a good notion. to have a bucket of deductions and limit them. but he's not -- he hasn't been pinned down to specification. he's not going to be pinned down on specifics. >> i saw someone try to score that last night....
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he was searching at times for criticism on romney. romney kept him on the ropes. so issue after issue it was mitt romney on offense and the president on defense. >> try to dry some parallels, dan, to that debate between president bush and john kerry. kerry was largely seen at the time to have won at least debate number one. of course, we all know what eventually happened in that race. how much does last night move the polls, do you think? >> it will be interesting to see if it moves the polls. equally important, the psychology, fund-raising, all those aspects between now and -- re remember, this is not going well for him. next week will be the vice-presidential debate in which i think paul ryan will do quite well against joe biden. you could have the situation where they wrap up two debate victories before he gets back on the field. so whether the poll numbers move or not, we'll wait to see, buttal all the other elements you want to see. having the narrative go your way and the grasset reus and your troops be energized. this couldn't have come at a better moment f
he was searching at times for criticism on romney. romney kept him on the ropes. so issue after issue it was mitt romney on offense and the president on defense. >> try to dry some parallels, dan, to that debate between president bush and john kerry. kerry was largely seen at the time to have won at least debate number one. of course, we all know what eventually happened in that race. how much does last night move the polls, do you think? >> it will be interesting to see if it moves...
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the president accused romney of selling a "sketchy deal" to fix the economy, while romney says the middle class has been crushed under obama. >> if the unemployment rate was 7.8% when he took office, it's 7.8% now. but if you calculated that unemployment rate, taking back the people who dropped out of the work force, it would be 10.7%. >> governor romney says he's got a five-point plan. governor romney doesn't have a five-point plan. he has a one-point plan. and that plan is to make sure that folks at the top play by a different set of rules. >> both men will be back on the campaign trail. romney will visit the battleground state of virginia. the third and final presidential debate is coming up on monday in boca raton, florida. >> that's your battleground, virginia. >> the number of campaign ads on the airwaves, it gets to the point where you don't want to watch tv at all. in iowa, they're shaving minutes off a lot of their tv programs to make room for the campaign ads. it's reaching a fever pitch. whether there are any undecided voters is up for debate. >> how the results will affect the
the president accused romney of selling a "sketchy deal" to fix the economy, while romney says the middle class has been crushed under obama. >> if the unemployment rate was 7.8% when he took office, it's 7.8% now. but if you calculated that unemployment rate, taking back the people who dropped out of the work force, it would be 10.7%. >> governor romney says he's got a five-point plan. governor romney doesn't have a five-point plan. he has a one-point plan. and that plan...
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romney believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are not creating enough jobs to employ the working age population. you can put good spins on this. basically it is not good. as i look at this it is largely a problem of policy. the policy has not been pro growth. it has been short termism. >> with all due respect i'm sure you watch a lot of the sunday talk shows, the one before the first presidential debate everybody was saying mr. romney has not outlined his own economic proposal so while you may say mr. obama has fallen short mr. romney is not putting out his case. >> i disagree with that. there is a lot of specificity on proposals on energy, the keystone pipeline issue and regulation and make sure we stop the huge growth of regulations and entitlements. he has been very specific. i think his tax program is pro growth. there is a lot of specificity and people look at it. it is the kind of thing the economy needs right now and that is what basic economics tells me. >> bernanke has sited your work as a
romney believes what does mr. romney need to do and say? >> we have high unemployment. the last growth number 1.3%. we are not creating enough jobs to employ the working age population. you can put good spins on this. basically it is not good. as i look at this it is largely a problem of policy. the policy has not been pro growth. it has been short termism. >> with all due respect i'm sure you watch a lot of the sunday talk shows, the one before the first presidential debate...
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romney is able to get in there. i still look at the financials. i think under either president, the financials are going to work. specifically, i look at jp morgan and look at wells fargo. i think those names really have the most intense upside movement under either president. >> joe? >> love the financials. i heard you the other day talk about goldman sachs. i bought goldman sachs. i think goldman sachs is turning the corner. the reputational risk is gone. the return of net interest margin, i think that would be favorable to really accelerate the advance of the financials. >> big drags on the wells fargo, jp morgan. that was the big surprise out of wells' report. that net interest margin was much worse than expected. >> and i think you'll see an acceleration there. financials really, really would catch a bid because they are still undervalued. >> and there are beta names. goldman sachs and citi are clearly the beta names. want explosion in the upside, those are the names in the financials. >> price matching policies getting ramped up. which retai
romney is able to get in there. i still look at the financials. i think under either president, the financials are going to work. specifically, i look at jp morgan and look at wells fargo. i think those names really have the most intense upside movement under either president. >> joe? >> love the financials. i heard you the other day talk about goldman sachs. i bought goldman sachs. i think goldman sachs is turning the corner. the reputational risk is gone. the return of net...
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Oct 12, 2012
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if we listened to romney, governor romney and the congressman, during the bush years, imagine where all those seniors would be now if their money had been in the market. their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with their hands in the cookie jar, turning medicare into a piggy bank for obama care. their own actuary from the administration came to congress and said one out of six hospitals and nursing homes are going to go out of business as a result of this. >> that's not what they said. >> 7.4 million seniors are projected to lose the current medicare advantage they have, that's a $3200 benefit cut. >> that didn't happen. more people signed up. >> these are from your own. >> more people signed up for medicare advantage after the change. nobody is -- >> mr. vice president, i know -- >> no. this is -- >> i know you're under a lot of duress to make up for lost ground. but i think people would be better served if we don't keep interrupting each other. >> don't take all the four minutes then. >> don't cha
if we listened to romney, governor romney and the congressman, during the bush years, imagine where all those seniors would be now if their money had been in the market. their ideas are old and their ideas are bad and they eliminate the guarantee of medicare. >> here's the problem. they got caught with their hands in the cookie jar, turning medicare into a piggy bank for obama care. their own actuary from the administration came to congress and said one out of six hospitals and nursing...
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Oct 4, 2012
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we're calling it the romney effect. sectors moving on the back of what mitt romney said in last night's debate. we spoke about coal stocks. utilities -- wells fargo writing utilities should do well under the romney administration because of that. we're seeing some of these utility stocks moving higher. con edison up better than 1%. >>> out in latest check on the pulse of the economy. nation's biggest retailers out with latest sales figures. looks like americans are taking a little bit of a pause after wrapping up back-to-school shopping. target says september same-stores rising 2.1%. a little bit shy of analyst estimates. target says it will stop reporting monthly same-store sales next fiscal year. that will follow in a practice established by rival walmart. macy's sales up but the department store also fell short of some forecasts. gap, however, did beat estimates. sales there up 6% in september. the stock at a new 52-week high today at $36.93. costco also seeing sales up 6%. that topped estimates. there's limited bran
we're calling it the romney effect. sectors moving on the back of what mitt romney said in last night's debate. we spoke about coal stocks. utilities -- wells fargo writing utilities should do well under the romney administration because of that. we're seeing some of these utility stocks moving higher. con edison up better than 1%. >>> out in latest check on the pulse of the economy. nation's biggest retailers out with latest sales figures. looks like americans are taking a little bit...
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Oct 24, 2012
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and my guess is if governor romney is president romney there will be a lot more focus at the treasury and at the budget office in the very near term. >> and you're right. taxing and budgeting and spending is going to be a huge thing. but look, i was there in reagan's first term and it was a hell of a ride with the fed driving -- paul volcker driving interest rates to 20% to conquer double-digit inflation. now, reagan met with volcker on a regular basis. and it turns out reagan gave volcker the ground to stand on to fight inflation. a lot of reagan's advisers disagreed. but the gipper said you do what you have to do, i can't get a recovery, and my tax cuts won't work until we get inflation and interest rates down. okay. now, is it possible that a president romney brings bernanke in for lunches, just the way this game works, or consultations, and says you've got to raise interest rates, i'm getting reports that small businesses can't get hold of all the money, it's just big businesses and big banks? we're getting reports of higher inflation, we're getting reports that the dollar is fall
and my guess is if governor romney is president romney there will be a lot more focus at the treasury and at the budget office in the very near term. >> and you're right. taxing and budgeting and spending is going to be a huge thing. but look, i was there in reagan's first term and it was a hell of a ride with the fed driving -- paul volcker driving interest rates to 20% to conquer double-digit inflation. now, reagan met with volcker on a regular basis. and it turns out reagan gave...
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Oct 2, 2012
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ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? but proven technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ ja
ck o romney: "it's time to stand up to the cheaters" vo: tough on china? not mitt romney. when a flood of chinese tires threatened a thousand american jobs... it was president obama who stood up to china and protected american workers. mitt romney attacked obama's decision... said standing up to china was "bad for the nation and our workers." how can mitt romney take on the cheaters... when he's taking their side? but proven technologies allow natural gas producers to supply...
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Oct 3, 2012
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go back to the basic math problem romney has. he wants to cut tax rates, which would cost about $900 billion a year, according to estimates, which means he needs to find $900 billion in tax breaks. well, all the tax expenditures every year together total $1 trillion. so basically romney would have to convince congress to eliminate all tax expenditures to make the math work in his tax plan. that is never going to happen. it's a fantasy tax plan. it would explode our budget deficit. >> i don't think there's any math problem here. most of these deductions and the like, like the mortgage interest deduction, the state and local tax deduction, are heavily slanted towards the upper end. so you eliminate those deductions, you use the money to lower rates. and, in fact, paul ryan's 10 and 25% plan basically hit the same revenue and same distribution as the current tax code. this is totally doable. i give romney credit for moving in the right direction here, but he should be bolder, like paul ryan's house plan. >> the other issue is -- the
go back to the basic math problem romney has. he wants to cut tax rates, which would cost about $900 billion a year, according to estimates, which means he needs to find $900 billion in tax breaks. well, all the tax expenditures every year together total $1 trillion. so basically romney would have to convince congress to eliminate all tax expenditures to make the math work in his tax plan. that is never going to happen. it's a fantasy tax plan. it would explode our budget deficit. >> i...
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Oct 4, 2012
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romney likes coal, should you? we'll get some answer as we zero in on the rising coal stocks when halftime returns. [ male announcer ] what if you had thermal night-vision goggles, like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's empowering web-based trading platform. trade commission-free for 60 days, and we'll throw in up to $600 when you open an account. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and appli
romney likes coal, should you? we'll get some answer as we zero in on the rising coal stocks when halftime returns. [ male announcer ] what if you had thermal night-vision goggles, like in a special ops mission? you'd spot movement, gather intelligence with minimal collateral damage. but rather than neutralizing enemies in their sleep, you'd be targeting stocks to trade. well, that's what trade architect's heat maps do. they make you a trading assassin. trade architect. td ameritrade's...
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Oct 3, 2012
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so romney's got a bis task ahead of him. i believe that he can do it, i believe that he can go out there and have a real debate with the president of the united states about where this country is heading and how we need to change some policies. >> appreciate the time today. thanks so much. thank you very much for joining us here on "worldwide exchange." >>> for all the coverage of the first presidential debate, tune in to cnbc at 8:00 p.m. eastern tonight as we get you set up for the official debate at 9:00 p.m. also, still to come here on this show, real estate mogul, and shank tank member barbara corcoran joins us for a look at the housing market, as u.s. house prices post the biggest jump in six years. that's coming your way. >>> these are your headlines. president obama and mitt romney get set for their first debate in denver. service sector growth slows across the globe in september. and rajoy issues the latest denial that he's ready to seek a bailout. >>> other stories we're following for you today. the apple faithful
so romney's got a bis task ahead of him. i believe that he can do it, i believe that he can go out there and have a real debate with the president of the united states about where this country is heading and how we need to change some policies. >> appreciate the time today. thanks so much. thank you very much for joining us here on "worldwide exchange." >>> for all the coverage of the first presidential debate, tune in to cnbc at 8:00 p.m. eastern tonight as we get you...
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Oct 23, 2012
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defense mitt romney's potential commander in chief. mitt romney has gained in the polls on that dimension. he might only be able to focus on the economy during the last couple of weeks. this is a forum that is inherently hard to be aggressive in. you're sitting down around a table with the moderator. keep in mind that we'll probably have reduced audiences because of "monday night football" and baseball games tonight. so the question is is this going to have an impact? and can president obama make it have an impact? >> actually, i feel bad for "monday night football." that's how bad the ratings are going to be. >>> because of the subject matter, it inherently favors the sitting president. >> i think it would have inherently favored president obama had it not been for the benghazi business. the benghazi business has changed foreign policy. i think that's a big problem. >> how do you think he's going to answer the benghazi question? >> i don't know. there are people writing timelines, there are people parsing through the intelligence. i a
defense mitt romney's potential commander in chief. mitt romney has gained in the polls on that dimension. he might only be able to focus on the economy during the last couple of weeks. this is a forum that is inherently hard to be aggressive in. you're sitting down around a table with the moderator. keep in mind that we'll probably have reduced audiences because of "monday night football" and baseball games tonight. so the question is is this going to have an impact? and can...